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Morien Resources (Morien Resources) Cyclically Adjusted PS Ratio : 31.50 (As of Apr. 27, 2024)


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What is Morien Resources Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Morien Resources's current share price is $0.315. Morien Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $0.01. Morien Resources's Cyclically Adjusted PS Ratio for today is 31.50.

The historical rank and industry rank for Morien Resources's Cyclically Adjusted PS Ratio or its related term are showing as below:

APMCF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 16.25   Med: 31.75   Max: 70
Current: 25.26

During the past years, Morien Resources's highest Cyclically Adjusted PS Ratio was 70.00. The lowest was 16.25. And the median was 31.75.

APMCF's Cyclically Adjusted PS Ratio is ranked worse than
97.22% of 108 companies
in the Other Energy Sources industry
Industry Median: 1.18 vs APMCF: 25.26

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Morien Resources's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.000. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $0.01 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Morien Resources Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Morien Resources's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Morien Resources Cyclically Adjusted PS Ratio Chart

Morien Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 27.88 - 52.30 33.46

Morien Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 52.30 38.54 41.43 32.95 33.46

Competitive Comparison of Morien Resources's Cyclically Adjusted PS Ratio

For the Thermal Coal subindustry, Morien Resources's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Morien Resources's Cyclically Adjusted PS Ratio Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Morien Resources's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Morien Resources's Cyclically Adjusted PS Ratio falls into.



Morien Resources Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Morien Resources's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.315/0.01
=31.50

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Morien Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Morien Resources's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0/125.4675*125.4675
=0.000

Current CPI (Dec. 2023) = 125.4675.

Morien Resources Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.000 98.604 0.000
201406 0.001 99.473 0.001
201409 0.000 99.394 0.000
201412 0.000 98.367 0.000
201503 0.000 99.789 0.000
201506 0.000 100.500 0.000
201509 0.000 100.421 0.000
201512 0.000 99.947 0.000
201603 0.000 101.054 0.000
201606 0.000 102.002 0.000
201609 0.000 101.765 0.000
201612 0.000 101.449 0.000
201703 0.000 102.634 0.000
201706 0.000 103.029 0.000
201709 0.001 103.345 0.001
201712 0.002 103.345 0.002
201803 0.002 105.004 0.002
201806 0.003 105.557 0.004
201809 0.003 105.636 0.004
201812 0.004 105.399 0.005
201903 0.002 106.979 0.002
201906 0.002 107.690 0.002
201909 0.004 107.611 0.005
201912 0.004 107.769 0.005
202003 0.003 107.927 0.003
202006 0.000 108.401 0.000
202009 0.000 108.164 0.000
202012 0.001 108.559 0.001
202103 0.001 110.298 0.001
202106 0.000 111.720 0.000
202109 0.000 112.905 0.000
202112 0.000 113.774 0.000
202203 0.000 117.646 0.000
202206 0.000 120.806 0.000
202209 0.000 120.648 0.000
202212 0.002 120.964 0.002
202303 0.007 122.702 0.007
202306 0.005 124.203 0.005
202309 0.001 125.230 0.001
202312 0.000 125.468 0.000

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Morien Resources  (OTCPK:APMCF) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Morien Resources Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Morien Resources's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Morien Resources (Morien Resources) Business Description

Traded in Other Exchanges
Address
1701 Hollis Street, Suite 800, Halifax, NS, CAN, B3J 3M8
Morien Resources Corp is engaged in the business of identification and purchase of mineral projects. It operates as a mining development company that holds royalty interests in two tidewater accessed projects, namely the Donkin Coal Mine and the Black Point Aggregate Project. The company derives revenue in the form of royalty interests.

Morien Resources (Morien Resources) Headlines

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